Report Update Feb 1, 2025

Nigeria - Refined Lead - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Refined Lead Market 2022

Refined Lead Market Size in Nigeria

The Nigerien refined lead market reduced notably to $X in 2020, with a decrease of -X% against the previous year. Overall, consumption showed a perceptible contraction. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2010; however, from 2011 to 2020, consumption remained at a lower figure.

Refined Lead Production in Nigeria

In value terms, refined lead production shrank dramatically to $X in 2020 estimated in export prices. Overall, production, however, showed strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Refined Lead Exports

Exports from Nigeria

After two years of growth, shipments abroad of refined lead decreased by -X% to X tons in 2020. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. As a result, exports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, refined lead exports reduced dramatically to $X in 2020. Over the period under review, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2019, and then declined rapidly in the following year.

Exports by Country

The United States (X tons), South Korea (X tons) and Benin (X tons) were the main destinations of refined lead exports from Nigeria, with a combined X% share of total exports. Cameroon, India, Vietnam, Japan, Malaysia, South Africa, China and Niger lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Japan (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refined lead exported from Nigeria were the United States ($X), South Korea ($X) and Benin ($X), together accounting for X% of total exports. Cameroon, India, Vietnam, Japan, Malaysia, South Africa, Niger and China lagged somewhat behind, together comprising a further X (+X% per year) saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average refined lead export price stood at $X per ton in 2020, declining by -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were Malaysia ($X per ton) and Cameroon ($X per ton), while the average price for exports to Japan ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Refined Lead Imports

Imports into Nigeria

Refined lead imports into Nigeria shrank sharply to X kg in 2020, falling by -X% against 2019. Over the period under review, imports recorded a precipitous descent. The pace of growth appeared the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, refined lead imports declined sharply to $X in 2020. Overall, imports saw a sharp curtailment. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Greece (X kg) was the main supplier of refined lead to Nigeria, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Greece amounted to -X%.

In value terms, Greece ($X) constituted the largest supplier of refined lead to Nigeria.

From 2007 to 2020, the average annual growth rate of value from Greece totaled +X%.

Import Prices by Country

In 2020, the average refined lead import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price recorded a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Greece.

From 2007 to 2020, the rate of growth in terms of prices for Greece amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined lead in the world?

The country with the largest volume of refined lead consumption was China, comprising approx. 46% of total volume. Moreover, refined lead consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. South Korea ranked third in terms of total consumption with a 5.1% share.

What are the largest producers of refined lead in the world?

The country with the largest volume of refined lead production was China, comprising approx. 46% of total volume. Moreover, refined lead production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was occupied by South Korea, with a 6.5% share.

What are the leading suppliers of refined lead to Nigeria?

In value terms, Greece constituted the largest supplier of refined lead to Nigeria.

What are the leading importers of refined lead from Nigeria?

In value terms, the United States, South Korea and Benin were the largest markets for refined lead exported from Nigeria worldwide, together comprising 69% of total exports. These countries were followed by Cameroon, India, Vietnam, Japan, Malaysia, South Africa, Niger and China, which together accounted for a further 27%.

What is the average export price for refined lead in Nigeria?

The average refined lead export price stood at $1,741 per ton in 2020, dropping by -16.3% against the previous year.

What is the average import price for refined lead in Nigeria?

In 2020, the average refined lead import price amounted to $13,855 per ton, surging by 664% against the previous year.

This report provides an in-depth analysis of the refined lead market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Prodcom 24431130 - Refined unwrought lead (excluding lead powders or flakes)

Country coverage:

Nigeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nigeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024